simon2020Only way BJCorp (to makeup the shortfall in dividend from BJToto due to MCO) can get BJLand's more than 1 Billion cash hoard due to the Veil of Incorporation is to direct BJLand BOD to declare a special dividend for BJLand shareholders..since BJCorp has more than 76% BJLand shares & balance of about 13% held by VT companies..VT & Co. should be able to get at least RM890 milion from BJLand with balance going to minority..
Good123orang dah tak peduli. apa2 news pun kurang kesan.
01/07/2020 11:03 PM
Morewinalready bulldozed thru 99.99% to 0.0038% votes! next stop sell Singer at a premium to BJCorp for more shares, collect cash windfall from BJLand thru dividend paid to BJCorp?
01/07/2020 11:18 PM
EddysurgeThat's Singer deal will spread to all listed companies. Really ones stone kills all birds.
02/07/2020 8:13 AM
shortinvestor77Singer deal is in theory. No actual deal yet. Wait and see lah. No patience?
02/07/2020 8:36 AM
shortinvestor77BJCorp will manage to increase its stake by 10% only (60% jumps to 70%) as after acquiring from KUB its 40% stake, government wants BJCorp to sell 30% stake to BUMIPUTRA.
02/07/2020 8:39 AM
shortinvestor77This Sanitary Landfill business could be extended to other state(s) from Selangor as long as state government is willing to endorse this model of disposing solid waste which is highly environmental friendly.
02/07/2020 8:44 AM
shortinvestor77A negotiation is being made to dispose a hotel in Vietnam.
02/07/2020 8:46 AM
EddysurgeWhenever there's a threat , attempt to realise a plot. Means there's a will.
02/07/2020 9:06 AM
alakapalagila lah kenapa hari ni share ni naik macam roket
03/07/2020 9:49 AM
gangnamLol...seems like Uncle Tan keeping price steady to convince market Singer sale proposal to Bjcorp is good for you?
03/07/2020 12:21 PM
EddysurgeUncle Tan wanted yours share cheaply, meantime, hinted you to release the shares otherwise, he gonna diluted the share with pricelessly MoU Singer deal.
03/07/2020 12:34 PM
shortinvestor77Singer deal is just a Mou, it is also a theory. Don't need to focus on it now.
BCorp has offered its shareholders an insight into how the disposal would affect its balance sheet and so forth. Could something similar be presented to minority shareholders of BLand?
Quite frankly, the disposal of Kyoto Four Seasons is worth over RM 2 billion with BLand has an equity interest of 50% and Jeju Court Settlement involves worth over RM 800 million of compensation. Yet, to this date, minority shareholder like me has yet to know HOW these two would affect BLand's balance sheet and how BLand will utilize those new fund.
Please forgive me, I am not account specialist and able to draw conclusion from the announcements that BLand has announced. I suppose there's no harm letting your shareholders who have invested in BLand a deeper understanding into what had happened. An announcement offering insight into BLand's financial health and plan post Kyoto Four Seasons disposal and Jeju Court Settlement would be much appreciated and bring relief to those who have invested in BLand for years.
Thank you for your attention.
Best regards,
On Friday, July 3, 2020, 03:44:16 PM GMT+8, Berjaya. com. my-Media <media@berjaya.com.my> wrote:
As stated in the BLand announcement dated 30 June 2020, the Settlement will not have any material effect on the earnings, net assets and gearing of the BLand Group for the financial year ended 30 June 2020 as the Settlement has not been completed in the financial year ended 30 June 2020.
Pursuant to the terms of the Settlement Agreement, the BLand Group expects and will account an estimated gain of RM59 million, barring any unforeseen foreign exchange fluctuations, upon the receipt of the net settlement sum in the first quarter of the financial year ending 30 June 2021.
An appropriate announcement will be made upon completion of the Settlement.
Regards,
Lydia
04/07/2020 9:55 AM
simon2020stockraider you are right, BJLand will receive RM446 million cash compensation from JDC & Korean Government by mid August in time for next Qtr. report.
stockraider Rm 50m profit consider reasonable plus alot of cash coming to bland coffer loh....!!
"Berjaya Corporation Berhad, a Malaysia-based corporation which controls a wide array of businesses, agreed to drop a five-year-old damage suit against the Jeju Free International City Development Center (JDC), a state organization which had launched a project to build the Yerae resort complex in Seogwipo in the southern part of Jeju Island.
Through a series of negotiations, Berjaya agreed to accept 125 billion won ($104 million) in compensation by the middle of August in return for transferring all the business rights of the Yerae complex, which was part of various development projects pursued by the special government-controlled corporation to turn the semi-tropical volcanic island into a major tourist destination in Asia"
https://english.nna.jp/articles/17630
04/07/2020 11:37 AM
kahhoengVT mentioning about selling a hotel in Vietnam, probably this one?
a 50% ownership in Berjaya Hotay Joint Venture Company Limited Vietnam, five star hotel and provision of related services
Group 30.6.2019 RM'000 Non-current assets 202,628 Current assets 8,186 Non-current liabilities (107,230) Current liabilities (22,289) Net assets 81,295
05/07/2020 5:18 PM
kasinathanYou can do whatever tracking info you like, but one thing for sure bjcorp will slowly heading to 15 cents and below 10 cents by early next year.
7 cents more precisely, same level as in 2007
05/07/2020 8:41 PM
kasinathanYou should be able to figure out the reason for that single digit price. Otherwise, what's the point you are here..
05/07/2020 8:43 PM
stockraiderDon be like that lah....bcorp and bland price range is likely 15 sen to 27 sen over the next 1 year mah...!!
You should be able to figure out the reason for that single digit price. Otherwise, what's the point you are here..
05/07/2020 10:15 PM
georgethefirstnever buy into a chinaman company that don't pay you consistent dividend, the stock price will just go lower and lower every year
07/07/2020 2:30 AM
chopstickyou are right, berjaya corp will never ever up got only 1 lot at 25cts been keeping for 10 years
07/07/2020 5:46 AM
chopstickfor god, profit, money, happiness sake, pls ignore this counter.
07/07/2020 5:50 AM
shortinvestor77Ya, better leave this counter forever. Don't talk bad but still hinging here. We just want to laugh.
07/07/2020 2:26 PM
firehawkthis type of chinese pariah is due for god calling .....
07/07/2020 4:51 PM
EddysurgeMany public including investors and also customer asking is it good to left until cents stock since you are involved in the service sector .Your goodwill and companies images will be duly affected. Your toto personally no healthy, can it be stink game 玩臭？
07/07/2020 4:51 PM
wantanmiYup!...Not many sellers or buyers today. Easier to manipulate.
bbc99company keep buying back shares,be patient maybe 2 or 3 years ,fruitful return shall be seen
08/07/2020 9:50 AM
kahhoengBcorp has not bought back any shares for quite some time already
08/07/2020 11:57 AM
Eric LimSaving cash for something big going to happen
08/07/2020 6:15 PM
kahhoengJust don't sign an MOU or trying to tell shareholders agreeing into buying VT companies at net asset through issuing bcorp shares at 0.33 a share... Bcorp independent directors have yet to answer to this!
09/07/2020 9:12 AM
EddysurgeIf lawmakers can't see this is offenses, you knew ready.
09/07/2020 9:30 AM
scanluverIn 2 -3 years, you'll be scraping the bottom of the barrel.
bbc99 company keep buying back shares,be patient maybe 2 or 3 years ,fruitful return shall be seen
bbc99Eric Lim 2020~2030 TP 10.00???rm0.10 or rm10...mmmm
11/07/2020 9:17 PM
chopstickpls for your hard earn money sake avoid this counter all your life. delete it from your mind. oledi 13 yrs at 25 cts been keeping. till death NO do me a apart ,
future13 yrs ago it went from 0.21 to 1.23, aiyaah never sell meh!
15/07/2020 12:48 AM
futurefrom 2007 till 2019 never drop below .25, pls la dont tipu orang la vincent Tan give you chance to buy at this rock bottom price all sudah jalan, this not yet ,,buy la and keep,average down at .22 can sell all yr 1mil shares
15/07/2020 12:54 AM
Good123impact on bjcorp? KUALA LUMPUR (July 14): Berjaya Media Bhd (BMedia) will be delisted from the Main Market of Bursa Malaysia on Friday after Bursa Securities dismissed its appeal for an extension of time to submit its regularisation plan.
In a bourse filing today, the publisher of The Sun newspaper said the regulator has decided to delist the company pursuant to Paragraph 8.04 of Bursa's Main Market Listing Requirements.
"Upon the delisting of the company, the company will continue to exist but as an unlisted entity. The company is still able to continue its operations and business and proceed with its corporate restructuring and its shareholders can still be rewarded by the company's performance," BMedia said.
"However, the shareholders will be holding shares which are no longer quoted and traded on Bursa Securities," it added.
The Practice Note 17 (PN17) company on June 17 requested Bursa Securities for an extension of time to submit its regularisation plan.
BMedia slipped into PN17 status in June 2017 after its shareholders' equity on a consolidated basis fell to less than RM40 million, representing 25% or less of its issued capital.
Trading of BMedia shares has been suspended since Nov 5, 2019, after its failure to enter into a definitive agreement with a white knight by Oct 20 that year.
15/07/2020 6:46 AM
chopstickfuture, chopstick just a small and greedy player, pls lah dun mention RM million, rupiah million YES
15/07/2020 6:58 AM
SDF2000American Century Investment Management, Inc., Mackenzie Financial Corp., AQR Capital Management LLC, & Norges Bank Investment Management, appears as BJC Institutional shareholders. (From Dec2019 till current. B.Rock, Parametric, & Pheim Asset no more in sight) American Century Investment Management, Inc. also seems like holding some BJL. Anyway, not many shares are these fund holding on BJC or BJL. Few hundreds 'K till 'M only.
15/07/2020 8:28 AM
PaulngaThe delisted BJ Media is a big slap to VT and his management team for not effective and not efficient management.
15/07/2020 10:24 AM
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